Uncovering Hidden Savings In The M&A Integration Process

Telecom Expense Management

Author: Ann Flynn, President & CEO, IQ Telecom

Publication: Connecticut Bankers Association Quarterly, March 2021.

This article explores the specific impact that M&As can have on telecommunication expenses in a world where the number of banks is shrinking, technology is advancing rapidly, customer acquisition is fiercely competitive, and remote work is a new norm.

A recent Lexology® article cited research done by investment advisor FJ Capital Management on banking mergers and acquisitions (M&As). It indicates that M&As will accelerate by mid-2021 and continue robustly for five years. This long period of bank M&A activity is likely to result in as much as 50% fewer banks in the US over the next decade. In addition, respondents weighing in on a Datasite® survey also expect M&A activity to increase in 2021. This research points to financial and real estate services that will accounts for 22% of this activity.



Share on facebook
Share on twitter
Share on linkedin

Latest Posts

Get The Latest Updates

Subscribe To Our Newsletter

Get insights, updates, resources and more right in your inbox.

More News & Resources

Related Posts